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Currency futures for October expiry trade stronger with 2.11% increase in OI

The partially convertible rupee is currently trading at 64.94, stronger compared to its Thursday’s close at 65.08. The rupee opened at 64.9600 and touched day’s high of 64.9600 and low of 64.8675.

The October currency future was trading at 65.0375 with a spread of 0.0025 and a volume of 429211. The contract opened stronger at 65.0775 compared to its previous closing of 65.2225. The open interest (OI) stood at 1,605,023 up by 2.11% compared to its previous close of 1,571,916.

The rupee had closed at 65.08 on Thursday, while the Reserve Bank of India’s (RBI) reference rate stood at 65.1003.

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